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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Hong Kong: Investment Climate Statement 2015

Hong Kong: Investment Climate Statement 2015

Paperback

Business General

ISBN10: 1532788142
ISBN13: 9781532788147
Publisher: Createspace
Published: Apr 17 2016
Pages: 26
Weight: 0.19
Height: 0.05 Width: 8.50 Depth: 11.00
Language: English
Hong Kong is the second biggest FDI recipient in Asia after Mainland China, according to the United Nations Conference on Trade and Development's (UNCTAD) World Investment Report 2014. The HKG's Invest Hong Kong department encourages inward investment as a means of introducing new or improved products, processes, designs, and management techniques. U.S. and other foreign firms can participate in government financed and subsidized research and development programs on a national treatment basis.Capital gains are not taxed, nor are there withholding taxes on dividends and royalties. Profits can be freely converted and remitted. Foreign-owned and Hong Kong-owned company profits are taxed at the same rate - 16.5 percent. No preferential or discriminatory export and import policies affect foreign investors. Domestic industries receive no direct subsidies. Foreign investments face no disincentives, such as quotas, bonds, deposits, or other similar regulations.

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Business General